How many Springhill Suites By Marriott outlets were located in Virginia at the end of 2023?
Springhill_Suites_By_Marriott Franchise · 2025 FDDAnswer from 2025 FDD Document
| Column 1 | Column 2 | Column 3 | Column 4 | Column 5 | Column 6 | Column 7 | Column 8 | Column 9 |
|---|---|---|---|---|---|---|---|---|
| State | Year | Outlets at Start of the Year | Outlets Opened1 | Terminations2 | Non Renewals | Reacquired by Franchisor3 | Ceased Operations – Other Reasons | Outlets at End of the Year |
| Virginia | 2022 2023 2024 | 18 19 19 | 1 0 1 | 19 19 20 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 124–137)
What This Means (2025 FDD)
According to Springhill Suites By Marriott's 2025 Franchise Disclosure Document, there were 19 Springhill Suites By Marriott outlets located in Virginia at the end of 2023. The number of outlets is calculated by taking the number of outlets at the start of 2023 (19), adding the number of outlets opened during the year (0), and subtracting any terminations, non-renewals, re acquisitions by the franchisor or ceased operations. In 2023, there were no terminations, non-renewals, re acquisitions or ceased operations. Therefore, the number of outlets at the end of the year remained at 19.
It is important to note that this number reflects the number of Springhill Suites By Marriott outlets operating under a franchise agreement. It does not include any company-owned or managed properties. Additionally, the FDD specifies that if multiple events occurred affecting an outlet, the table shows the event that occurred last in time. This means that if an outlet opened and then closed in the same year, it may not be reflected in the year-end numbers.
Prospective franchisees should verify these figures with Springhill Suites By Marriott and conduct their own due diligence to assess the performance and viability of Springhill Suites By Marriott locations in Virginia. Understanding the historical growth, closures, and transfers can provide valuable insights into the market dynamics and potential risks and opportunities associated with operating a Springhill Suites By Marriott franchise in this state.